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The Asian-African Summit is underway in Indonesia from April 22-24.
The agreement comes ahead of Chinese President Xi Jinping’s visit to Russia on 8 May.
On Tuesday, Italian authorities arrested the captain and first mate of the vessel which capsized killing 800 on Sunday. They were among only 28 survivors.
Indian equities plunged the most in four weeks and the rupee dropped to a three and a half-month low in early trade on Tuesday as crude oil retreated further and
China plans to invest 2.64 billion yuan in the project through the RCIF [Russia-China Investment Fund].
China's Central Bank decided to cut the amount of cash banks must hold as reserves by one per cent from April 20.
Greek PM: "The more our [EU] partners want austerity, the more the problem with the debt will get worse."
More than 30 people have been arrested in the last 24 hours.
The bomb attack, which was condemned by Afghanistan President Ghani, is believed to be the most deadly in months.
Moscow, Beijing to step up bilateral “pragmatic, comprehensive military cooperation”.